Fiscal impact reports (FIRs) are prepared by the Legislative Finance Committee (LFC) for standing finance

committees of the NM Legislature. The LFC does not assume responsibility for the accuracy of these reports

if they are used for other purposes.

Current FIRs (in HTML & Adobe PDF formats) are a vailable on the NM Legislative Website (legis.state.nm.us).

Adobe PDF versions include all attachments, whereas HTML versions may not. Previously issued FIRs and

attachments may be obtained from the LFC in Suite 101 of the State Capitol Building North.

F I S C A L I M P A C T R E P O R T

SPONSOR King

ORIGINAL DATE

LAST UPDATED

2/8/06

HB 848

SHORT TITLE Estancia Basin Regional Water Plan

SB

ANALYST Hoffmann

APPROPRIATION (dollars in thousands)

Appropriation

Recurring

or Non-Rec

Fund

Affected

FY06

FY07

$50.0

Recurring

General Fund

(Parenthesis ( ) Indicate Expenditure Decreases)

Relates to HB847, HJM 53 and SJM 36.

SOURCES OF INFORMATION

LFC Files

Responses Received From

Department of Finance and Administration (DFA)

No Response From

Environment Department (NMED)

SUMMARY

Synopsis of Bill

House Bill 848 appropriates $50,000 from the general fund to the Local Government Division of

the Department of Finance and Administration to begin implementation by Torrance County of

the Estancia Basin Regional Water Plan.

FISCAL IMPLICATIONS

The appropriation of $50,000 contained in this bill is a recurring expense to the general fund.

Any unexpended or unencumbered balance remaining at the end of fiscal year 2007 shall revert

to the general fund.

House Bill 848 – Page

2

SIGNIFICANT ISSUES

According to the Department of Finance and Administration, the Estancia Basin was the first of

13 regions in the state to have finished and gain approval by the State Engineer of its regional

water plan. Yet, like all good plans, it suffers from the lack of resources sufficient to fully im-

plement its objectives and strategies. HB848 provides funds to do just that.

CONFLICT, DUPLICATION, COMPANIONSHIP, RELATIONSHIP

House Bill 847 appropriates $50,000 to develop a water model for the Estancia Basin.

Both House Joint Memorial 53 and Senate Joint Memorial 36 state concerns about the Estancia

Basin Regional Water Plan with regard to the exportation of water mined from this basin.

TECHNICAL ISSUES

The Department of Finance and Administration’s Local Government Division recommends that

the appropriation be made to the Interstate Stream Commission.

CH/mt